China’s Capital Goods Exports Are Shifting To New Industrial Markets
Export growth is now concentrated in fast-industrialising Asia, infrastructure-heavy Middle Eastern economies and new manufacturing hubs in Eastern Europe.
Export growth is now concentrated in fast-industrialising Asia, infrastructure-heavy Middle Eastern economies and new manufacturing hubs in Eastern Europe.
Since 1948, global merchandise trade has shifted decisively away from the Atlantic economies toward Asia.
Of China’s USD 3.6 trillion in exports in 2024, these were the top five export categories and products—and the largest buyers for each.
Asia remains China’s main export destination, though its share has eased slightly.
The interior and western regions are leading growth in 2025, while several heavyweight coastal hubs are growing below the national average.
Scale is in North and Southern Africa, but the continent’s economic dynamism emanates from the West and the East.
Indonesia’s economy is powered by Java’s people and industry, Sumatra’s palm oil and rubber, Kalimantan’s coal, Sulawesi’s nickel and Bali’s global tourism appeal.
Unlocking Asia’s potential is today's critical strategic business frontier, and it is imperative to shift capital investments to Asia and build deeper trade relationships in the region.